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Libra Investment Services - Fair Value Example
http://www.libra-is.com/fair_value_example.html
Conflict of Interest Policy. Fair Value (FV) and Discount/Premium to FV. The FV calculation is at the heart of Apollo’s methodology, allowing the user to know where value is. Apollo uses forward-looking market expectations data to demonstrate what part of a share price can be explained by changes in the underlying fundamental data. More detail can be found here. The interpretation should focus on both the FV trend and the discount or premium to that level. Catalyst for Position Close.
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Libra Investment Services - Stock View
http://www.libra-is.com/stock_view_explained.html
Conflict of Interest Policy. Apollo Key Valuation Charts. On the first page of each stock view are the three key valuation charts. The main chart is normally illustrating the key Apollo focus, with two smaller additional charts, which further support our view. A 2-year chart of the share price, with our proprietary Fair Value (FV) overlaid in orange. Our FV calculation is at the heart of Apollo’s methodology and allows the user to know where value is. The detailed explanation can be read here. Again, the...
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Libra Investment Services - About Us
http://www.libra-is.com/about.html
Conflict of Interest Policy. Libra’s Unique Selling Proposition. We are a bespoke advisory business. Uniquely positioned to offer our clients:. We understand our clients’ needs and treat them as partners. Alongside the suite of services provided by the team, we dedicate our time. To helping clients make the best investment decisions at the right time. We realise our customers have to demonstrate process. Providing solutions and results. Providing a consistent framework for superior performance. Allows cl...
libra-is.com
Libra Investment Services - Fair Value
http://www.libra-is.com/fair_value_explained.html
Conflict of Interest Policy. Across 7,000 stocks globally, Apollo creates a Fair Value = what the market believes a stock is worth based on known information. And what is being paid for that information. To create Fair Value, Apollo uses 5 key investment variables: Earnings, Cash Flow, Book Value, Sales and EBITDA. Using data visualisation, Apollo shows where FV is at any point in time and where the share price is trading in relation to FV.
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Libra Investment Services - General Disclaimers
http://www.libra-is.com/general_disclaimers.html
Conflict of Interest Policy. Libra Investment Services (2010) Ltd is registered in England and Wales number 07340795. Libra Investment Services (2010) Ltd is authorised and regulated by the Financial Conduct Authority. UK Regulatory Information: Except where expressly otherwise stated, this Site is communicated in the UK by Libra Investment Services (2010) Ltd is authorised and regulated by the Financial Conduct Authority. Libra, its directors or employees may have interests in the securities and may add...
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Libra Investment Services - Policy of Independence
http://www.libra-is.com/policy_of_independence.html
Conflict of Interest Policy. Libra, its directors or employees may have interests in the securities and may add to or dispose of such securities from time to time. Libra may have provided advice or other investment or professional services to the issuer of the securities. CONDUCT OF OUR INVESTMENT ANALYSTS. The timing and manner of publication and distribution of investment research and of the communication of its substance must be approved in advance by a director of Libra. Before being issued, all ...
libra-is.com
Libra Investment Services - Margin of Safety Example
http://www.libra-is.com/margin_of_safety_example.html
Conflict of Interest Policy. Margin of Safety and Value Indicator. The concept of the Apollo Margin of Safety is to identify the price at which the stock is sufficiently cheap (or expensive) relative to its Intrinsic value, such that, the cost of an option to buy (or sell) it, is equal to the cost of an option not to hold it. In other words, where the trade is academically risk-free based on our 12-month rolling forecast, Intrinsic value. For each of the three ‘Value Buys’, the stock had reached the 20% ...
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Libra Investment Services - Star Rating Explained
http://www.libra-is.com/star_ranking.html
Conflict of Interest Policy. The Star Rankings are a summation of the Apollo valuation, risk and market-timing process. Backtesting over Apollo’s 10-year lifetime for the Stoxx 600 shows a 21% absolute. Annualised performance, with an average hit rate of 59%. The Stars enable Apollo to be integrated into your investment process. From provoking investment decisions. Around your portfolio to ranking alpha-opportunities. Across all markets, the Stars enable you to solely focus. The Distribution of Stars.
libra-is.com
Libra Investment Services - Conflict of Interest Policy
http://www.libra-is.com/conflict_of_interest_policy.html
Conflict of Interest Policy. Conflict of Interest Policy. Identify circumstances which may give rise to conflicts of interest entailing a material risk of damage to customers’ interests;. Establish appropriate mechanisms and systems to manage those conflicts; and. Maintain systems in an effort to prevent actual damage to customers’ interests through the identified conflicts. WHAT IS A CONFLICT OF INTEREST? Is likely to make a financial gain (or avoid a loss) at the expense of its customer;. Libra has sou...
